Debate summary at 2025 Westpac hybrid AGM

December 27, 2025

Below are various video clips published via Twitter summarising the engagement at the 3 hour and 40 minute Westpac hybrid AGM held under tight security in Sydney on December 11, 2025 and via the MUFG platform. Was in Sydney for the earlier Myer AGM and ventured to the microphone twice during the marathon meeting where chair Steven Gregg failed to follow the agenda. See notice of meeting and voting results with biggest protest vote being 40% against director Peter Nash. Market cap was $129b on AGM day. The proxies were not disclosed early in the formal addresses and online voting was banned. See AFR AGM report and Margin Call column in The Australian.

Initial 9 minute exchange - starting 2.25.30 into the webcast

Opening contribution marking Westpac down for poor AGM process

Part 2 of opening contribution getting into some questions

Conclusion of opening contribution and chair Steven Gregg's initial response

Main hyperbolic response from chair Steven Gregg

Second 10 minute exchange - starting 3.01.45 into the webcast

Please put the proxy votes back up

Don't argue that director CVs are irrelevant, Mr Chair

Reeling off all the examples of poor treatment of retail shareholders

CEO Anthony Miller explains the scale of his engagement with big end of town investors

Westpac chair Steven Gregg promises online voting data and reveals ASX was "the other organisation" that caused the 40% Peter Nash protest vote

Peter Nash explains his 40% protest vote

Steven Gregg sounding like a broken record saying for the 4th time that I should have come to the entire 3hr 40min AGM when, in fact, missing the first 90 minutes made little difference

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